New Hope Liuhe Co Ltd

SHE:000876 China Farm Products
Market Cap
$5.39 Billion
CN¥39.58 Billion CNY
Market Cap Rank
#3400 Global
#269 in China
Share Price
CN¥8.79
Change (1 day)
-0.90%
52-Week Range
CN¥8.58 - CN¥11.04
All Time High
CN¥41.25
Categories
Companies in China Farm Products
About

New Hope Liuhe Co.,Ltd., together with its subsidiaries, engages in feed and pig farming and slaughtering businesses in China, Vietnam, the Philippines, Bangladesh, Indonesia, Cambodia, Sri Lanka, Singapore, Egypt, and internationally. The company offers meat and poultry, pig, aquatic, and ruminant feed products. It is also involved breeding pig and commercial pig fattening and deep processing of… Read more

New Hope Liuhe Co Ltd (000876) - Net Assets

Latest net assets as of September 2025: CN¥35.65 Billion CNY

Based on the latest financial reports, New Hope Liuhe Co Ltd (000876) has net assets worth CN¥35.65 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥116.87 Billion) and total liabilities (CN¥81.22 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥35.65 Billion
% of Total Assets 30.51%
Annual Growth Rate 24.58%
5-Year Change -28.86%
10-Year Change 51.41%
Growth Volatility 50.42

New Hope Liuhe Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how New Hope Liuhe Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for New Hope Liuhe Co Ltd (1994–2024)

The table below shows the annual net assets of New Hope Liuhe Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥36.55 Billion +1.71%
2023-12-31 CN¥35.93 Billion -17.81%
2022-12-31 CN¥43.72 Billion -5.95%
2021-12-31 CN¥46.48 Billion -9.52%
2020-12-31 CN¥51.37 Billion +57.34%
2019-12-31 CN¥32.65 Billion +19.44%
2018-12-31 CN¥27.34 Billion +4.20%
2017-12-31 CN¥26.23 Billion +2.68%
2016-12-31 CN¥25.55 Billion +5.85%
2015-12-31 CN¥24.14 Billion +10.27%
2014-12-31 CN¥21.89 Billion +30.56%
2013-12-31 CN¥16.77 Billion +15.73%
2012-12-31 CN¥14.49 Billion +17.13%
2011-12-31 CN¥12.37 Billion +136.65%
2010-12-31 CN¥5.23 Billion +13.02%
2009-12-31 CN¥4.62 Billion +31.53%
2008-12-31 CN¥3.52 Billion +1.95%
2007-12-31 CN¥3.45 Billion +28.24%
2006-12-31 CN¥2.69 Billion +11.03%
2005-12-31 CN¥2.42 Billion +12.33%
2004-12-31 CN¥2.16 Billion +17.26%
2003-12-31 CN¥1.84 Billion +35.92%
2002-12-31 CN¥1.35 Billion +19.51%
2001-12-31 CN¥1.13 Billion +22.30%
2000-12-31 CN¥925.60 Million +73.42%
1999-12-31 CN¥533.75 Million +16.35%
1998-12-31 CN¥458.73 Million +253.92%
1997-12-31 CN¥129.61 Million +29.58%
1996-12-31 CN¥100.02 Million +61.33%
1995-12-31 CN¥62.00 Million +23.78%
1994-12-31 CN¥50.09 Million --

Equity Component Analysis

This analysis shows how different components contribute to New Hope Liuhe Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 319726.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥10.11 Billion 39.41%
Common Stock CN¥4.53 Billion 17.64%
Other Comprehensive Income CN¥7.72 Billion 30.10%
Other Components CN¥3.30 Billion 12.85%
Total Equity CN¥25.66 Billion 100.00%

New Hope Liuhe Co Ltd Competitors by Market Cap

The table below lists competitors of New Hope Liuhe Co Ltd ranked by their market capitalization.

Company Market Cap
Hamilton Lane Inc
NASDAQ:HLNE
 		$3.80 Billion
Independence Realty Trust Inc
NYSE:IRT
 		$3.80 Billion
Morningstar Inc
NASDAQ:MORN
 		$3.80 Billion
Do-Fluoride Chemicals Co Ltd
SHE:002407
 		$3.81 Billion
AU Optronics Corp
PINK:AUOTY
 		$3.80 Billion
Getinge AB
PINK:GNGBF
 		$3.80 Billion
TRI Pointe Homes Inc
NYSE:TPH
 		$3.79 Billion
GLP J-REIT
PINK:GLPJF
 		$3.79 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in New Hope Liuhe Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 24,776,054,606 to 25,657,330,000, a change of 881,275,394 (3.6%).
  • Net income of 473,599,078 contributed positively to equity growth.
  • Dividend payments of 2,238,837,000 reduced retained earnings.
  • Share repurchases of 1,112,071,000 reduced equity.
  • Other comprehensive income increased equity by 5,623,347,851.
  • Other factors decreased equity by 1,864,763,535.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥473.60 Million +1.85%
Dividends Paid CN¥2.24 Billion -8.73%
Share Repurchases CN¥1.11 Billion -4.33%
Other Comprehensive Income CN¥5.62 Billion +21.92%
Other Changes CN¥-1.86 Billion -7.27%
Total Change CN¥- 3.56%

Book Value vs Market Value Analysis

This analysis compares New Hope Liuhe Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.55x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 265.91x to 1.55x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.03 CN¥8.79 x
1995-12-31 CN¥0.04 CN¥8.79 x
1996-12-31 CN¥0.07 CN¥8.79 x
1997-12-31 CN¥0.09 CN¥8.79 x
1998-12-31 CN¥0.30 CN¥8.79 x
1999-12-31 CN¥0.34 CN¥8.79 x
2000-12-31 CN¥0.57 CN¥8.79 x
2001-12-31 CN¥0.68 CN¥8.79 x
2002-12-31 CN¥0.76 CN¥8.79 x
2003-12-31 CN¥0.91 CN¥8.79 x
2004-12-31 CN¥1.04 CN¥8.79 x
2005-12-31 CN¥1.17 CN¥8.79 x
2006-12-31 CN¥1.31 CN¥8.79 x
2007-12-31 CN¥1.73 CN¥8.79 x
2008-12-31 CN¥1.75 CN¥8.79 x
2009-12-31 CN¥2.08 CN¥8.79 x
2010-12-31 CN¥1.13 CN¥8.79 x
2011-12-31 CN¥2.76 CN¥8.79 x
2012-12-31 CN¥3.23 CN¥8.79 x
2013-12-31 CN¥3.74 CN¥8.79 x
2014-12-31 CN¥4.75 CN¥8.79 x
2015-12-31 CN¥4.62 CN¥8.79 x
2016-12-31 CN¥4.90 CN¥8.79 x
2017-12-31 CN¥4.93 CN¥8.79 x
2018-12-31 CN¥5.06 CN¥8.79 x
2019-12-31 CN¥6.29 CN¥8.79 x
2020-12-31 CN¥9.43 CN¥8.79 x
2021-12-31 CN¥7.63 CN¥8.79 x
2022-12-31 CN¥6.60 CN¥8.79 x
2023-12-31 CN¥5.50 CN¥8.79 x
2024-12-31 CN¥5.67 CN¥8.79 x

Capital Efficiency Dashboard

This dashboard shows how efficiently New Hope Liuhe Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 1.85%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.46%
  • • Asset Turnover: 0.87x
  • • Equity Multiplier: 4.60x
  • Recent ROE (1.85%) is below the historical average (16.89%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 71.65% 15.66% 3.17x 1.44x CN¥30.88 Million
1995 89.18% 13.43% 2.99x 2.22x CN¥49.09 Million
1996 56.85% 13.26% 2.82x 1.52x CN¥46.86 Million
1997 40.52% 11.35% 2.90x 1.23x CN¥39.55 Million
1998 12.65% 14.64% 0.79x 1.09x CN¥12.03 Million
1999 10.88% 11.46% 0.72x 1.33x CN¥4.51 Million
2000 3.33% 4.80% 0.55x 1.26x CN¥-57.15 Million
2001 8.18% 11.18% 0.53x 1.37x CN¥-18.75 Million
2002 10.45% 10.50% 0.50x 2.00x CN¥5.11 Million
2003 9.00% 6.26% 0.61x 2.34x CN¥-13.77 Million
2004 8.84% 5.28% 0.71x 2.37x CN¥-18.42 Million
2005 9.99% 5.73% 0.81x 2.16x CN¥-119.95K
2006 11.11% 6.14% 0.80x 2.25x CN¥21.87 Million
2007 11.57% 6.32% 0.70x 2.63x CN¥41.21 Million
2008 8.56% 3.15% 1.03x 2.63x CN¥-38.36 Million
2009 11.80% 6.01% 0.80x 2.44x CN¥62.35 Million
2010 36.71% 2.70% 5.45x 2.49x CN¥1.05 Billion
2011 27.57% 3.69% 3.30x 2.26x CN¥1.68 Billion
2012 15.19% 2.33% 2.97x 2.20x CN¥582.98 Million
2013 14.58% 2.74% 2.35x 2.27x CN¥596.41 Million
2014 11.48% 2.88% 2.10x 1.90x CN¥259.99 Million
2015 11.48% 3.59% 1.75x 1.83x CN¥284.39 Million
2016 12.04% 4.06% 1.63x 1.82x CN¥417.52 Million
2017 10.94% 3.64% 1.47x 2.04x CN¥196.76 Million
2018 7.90% 2.47% 1.44x 2.22x CN¥-452.87 Million
2019 19.35% 6.14% 1.28x 2.46x CN¥2.44 Billion
2020 12.41% 4.50% 1.00x 2.75x CN¥959.56 Million
2021 -28.60% -7.60% 0.95x 3.96x CN¥-12.94 Billion
2022 -4.99% -1.03% 1.04x 4.67x CN¥-4.38 Billion
2023 1.01% 0.18% 1.09x 5.23x CN¥-2.23 Billion
2024 1.85% 0.46% 0.87x 4.60x CN¥-2.09 Billion

Industry Comparison

This section compares New Hope Liuhe Co Ltd's net assets metrics with peer companies in the Farm Products industry.

Industry Context

  • Industry: Farm Products
  • Average net assets among peers: $946,786,512
  • Average return on equity (ROE) among peers: 6.82%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
New Hope Liuhe Co Ltd (000876) CN¥35.65 Billion 71.65% 2.28x $3.80 Billion
ShenZhen Kondarl Group Co Ltd (000048) $493.88 Million 5.67% 1.45x $677.04 Million
Hunan Zhenghong Science and Technology Develop Co Ltd (000702) $473.86 Million 3.40% 0.49x $192.35 Million
Hefei Fengle Seed Co Ltd (000713) $541.01 Million 5.38% 1.28x $460.52 Million
Luoniushan Co Ltd (000735) $1.57 Billion 5.18% 0.35x $939.65 Million
Yuan Longping High-tech Agriculture Co Ltd (000998) $903.81 Million 2.44% 0.22x $1.92 Billion
Dongrui Food Group Co Ltd (001201) $326.81 Million 2.47% 0.90x $262.05 Million
Jiangxi Sunshine Dairy Co Ltd (001318) $555.07 Million 18.79% 0.29x $164.61 Million
Boen Group Co. Ltd. Cl A (001366) $521.42 Million 14.80% 0.42x $88.79 Million
Shandong Denghai Seeds Co Ltd (002041) $3.14 Billion 3.25% 0.20x $542.58 Million